JHNBX vs. PIMIX
Compare and contrast key facts about John Hancock Bond Fund (JHNBX) and PIMCO Income Fund Institutional Class (PIMIX).
JHNBX is managed by John Hancock. It was launched on Nov 9, 1973. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JHNBX or PIMIX.
Key characteristics
| JHNBX | PIMIX | |
|---|---|---|
| YTD Return | 2.09% | 4.75% |
| 1Y Return | 7.85% | 9.47% |
| 3Y Return (Ann) | -2.69% | 1.94% |
| 5Y Return (Ann) | -0.28% | 3.15% |
| 10Y Return (Ann) | 1.57% | 4.20% |
| Sharpe Ratio | 1.53 | 2.39 |
| Sortino Ratio | 2.27 | 3.69 |
| Omega Ratio | 1.27 | 1.48 |
| Calmar Ratio | 0.57 | 2.70 |
| Martin Ratio | 5.67 | 12.49 |
| Ulcer Index | 1.62% | 0.85% |
| Daily Std Dev | 6.02% | 4.46% |
| Max Drawdown | -20.10% | -13.39% |
| Current Drawdown | -9.08% | -1.80% |
Correlation
The correlation between JHNBX and PIMIX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JHNBX vs. PIMIX - Performance Comparison
In the year-to-date period, JHNBX achieves a 2.09% return, which is significantly lower than PIMIX's 4.75% return. Over the past 10 years, JHNBX has underperformed PIMIX with an annualized return of 1.57%, while PIMIX has yielded a comparatively higher 4.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JHNBX vs. PIMIX - Expense Ratio Comparison
JHNBX has a 0.76% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
JHNBX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Bond Fund (JHNBX) and PIMCO Income Fund Institutional Class (PIMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
JHNBX vs. PIMIX - Dividend Comparison
JHNBX's dividend yield for the trailing twelve months is around 3.99%, less than PIMIX's 6.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHNBX John Hancock Bond Fund | 3.99% | 3.79% | 3.58% | 2.95% | 3.10% | 3.14% | 3.52% | 3.23% | 3.20% | 3.51% | 4.46% | 4.27% |
PIMIX PIMCO Income Fund Institutional Class | 6.25% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% | 5.46% |
Drawdowns
JHNBX vs. PIMIX - Drawdown Comparison
The maximum JHNBX drawdown since its inception was -20.10%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for JHNBX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
JHNBX vs. PIMIX - Volatility Comparison
John Hancock Bond Fund (JHNBX) has a higher volatility of 1.74% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.11%. This indicates that JHNBX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.